Electric Vehicles Industry News
A collection of Electric Vehicles latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Heads should roll over the electric car fiasco
Profits at the German auto giant Mercedes plunged on Friday as sales of its slick new range of electric vehicles (EVs) went into freefall. Porsche abandoned its sales targets for battery-powered cars amid waning demand from customers. Ford is…
Electric car woes force German supplier ZF to axe jobs
ZF said it is facing less demand for parts for conventional vehicles -- like this transmission -- while demand for electric vehicles has also been weak - Copyright AFP Sam Yeh German car parts manufacturer ZF said Friday it would cut a fifth to a…
LETTER: Getting ahead of ourselves on electric vehicles
When will this wasteful foolishness end? The public doesn't want electric cars. Manufacturers and their dealerships can't sell them, rental car agencies can't rent them and fleets are going back to reliable petro vehicles. But that doesn't stop the…
Electric car woes force German supplier ZF to axe jobs
German car parts manufacturer ZF said Friday it would cut a fifth to a quarter of jobs in Germany as it struggled with the switch to electric vehicles and foreign competition. 'The number of employees in Germany is to be successively reduced by…
Electric car woes force German supplier ZF to axe jobs
'The number of employees in Germany is to be successively reduced by 11,000 to 14,000 from the current level of around 54,000 by 2028,' ZF said in a statement. The decision to significantly reduce the size of its domestic workforce was needed to…
Scottish beauty spots named among the top tourist spots for electric vehicles in the UK
Two Scottish beauty spots have been named among the best places to visit in the UK for electric vehicles owners. Despite being very rural, Drumnadrochit and the Isle of Skye scored highly for boasting nearby hotels with EV charging points, and…
45%
https://www.nytimes.com/2024/07/26/business/45-tesla-q2-earnings.html Tesla on Tuesday reported a 45 percent decline in profit in the second quarter of 2024. The drop from the same period a year ago was the latest example of the auto maker's weak…
Trump offers tech sector policy flips ahead of election
Former US president Donald Trump's (R) pick of former tech investor J.D. Vance as his running mate may indicate a shift in his policy on cryptocurrencies - Copyright AFP Jim WATSON Fiercely against social media platform TikTok, cryptocurrency…
Company halts construction of $2.7B battery project in eastern Ontario
Share on Facebook Share on X Share by Email After breaking ground in 2023, the company building a plant to produce battery components for electric vehicles in a municipality near Kingston, Ont., says it's delaying construction of the plant citing a…
Volkswagen partners with popular energy company to offer 10,000 miles of free charging
Drivers buying a new Volkswagen Group car can get 10,000 miles of free charging The vehicle manufacturer Volkswagen Group and the energy company OVO have partnered to create a new deal with incentives for electric car owners. The policy, which is…
Car industry would 'struggle to comply with strict 2030 petrol and diesel ban
Many car manufacturers would “struggle to comply” if Labour enacts its pledge to reinstate the 2030 ban on new petrol and diesel cars without flexibilities, a senior automotive industry figure has warned. Mike Hawes, Chief Executive…
Nebraska's EV Conundrum: Charging Options Can Get You Places, but Future Will Require Growth
Don Cox, one of the first Nebraska ns to own an electric vehicle, has put more than 400,000 miles on his EVs since 2008. In that time, he's never once gotten stranded – though in the early days, he did have to plug into outlets at RV parks…
EV expert calls for Government to drop 'luxury car tax', with many set to pay £410 yearly
From 2025, many electric car owners will need to pay £410 per year to tax their vehicle The motoring publication Auto Express has criticised the luxury car tax, warning the Government that it could discourage motorists from buying their first…
China Market Update: Consumption Support Finally Arrives As Large Item Subsidies Benefit JD.com, Week In Review
Asian equities mostly followed Wall Street lower this week as Taiwan underperformed on semiconductor weakness and a closure for most of the week due to a typhoon, though India managed a slight gain. The PBOC, China's central bank, performed a slew…
Trump offers tech sector policy flips ahead of election
Fiercely against social media platform TikTok, cryptocurrency bitcoin and electric cars during his presidency, Republican presidential nominee Donald Trump has recently flip-flopped on several issues that are dear to Silicon Valley. The…
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